New Delhi, October 21: India today asked the developed nations to ensure financing to help developing countries check climate change effects in the context of UN Framework Convention on Climate Change (UNFCCC) on “reliable, sustainable and predictable” basis.
Climate change financing has to be new and additional and cannot be seen as another form of Overseas Development Assistance but rather as entitlement for developing countries under an equitable regime, Finance Minister Pranab Mukhrjee said.
“It should be on reliable, sustainable and predictable basis to developing countries,” he said after inaugurating a three-day exhibition on Climate Change: Technology Development and Transfer” being organised in the run-up to the Copenhagen meet on climate change in December.
–Agencies